1409 Paar Drive, Prescott, AZ 86305

$1,075,000
Property Type: Multi-Family Square Footage: 2,627 Lot Size (sq. ft.): 56,192 Status: Closed
Current Price: $1,075,000 List Date: 4/15/2022 Last Modified: 6/20/2023

Overview

Description

Income Producer, all units leased. Take advantage of the additional parcel to Boost revenue! A Perfect property to implement the short term rental (Vacation Rental) strategy and/or add units to dramatically increase the revenue. Improvements to all 4 units made between 7/2021 - 12/2021. Please see details per seller in docs tab. Property Improvements - Per seller in docs tab Parcel 2: see attachment in docs tab. MULTIPLE OFFERS RECEIVED, ALL OFFERS REVIEWED & RESPONDED TO 5/7/22. ENTRY UPON CONTRACT ACCEPTANCE. Submit offers to: Michael@pacwestlending.com. CASH OFFERS: must provide proof of funds to close. FINANCED OFFERS: provide Loan approval & funds to close.

Listing Details MLS# 1046880

ContractAddressLegal

Original List Price
1075000
Listing Price
1075000
Street #
1409
Street Name
Paar
St Suffix
Drive
City/Township
Prescott
State
AZ
Zip Code
86305
Subdivision
Lincoln Park Tract
County
Yavapai
Tax Parcel
111-09-072E

General Property Description

Lot #
9
Aprx Acres
1.29
Total Liveable SqFt
2627
Source of Measuremnt
County Assessor
Buildings
4
Stories
Yes
Year Built
1940
Management
Owner
Gross Vol/Yr $
79500
HOA Y/N
No
Baths - Full
4
More than 5 Units
No

Tax Info

Taxes
1881
Tax Year
2021

Status Change Info

Under Contract Date
2022-05-02
Sold Date
2022-06-15
Sold Price/SqFt
409
Financing
Conventional

Unit 1

Unit ID
1409 1/2
# BR
2
# BA
Yes
SqFt
776
Tenant Utilities
ALL
Rent $
1875

Unit 2

Unit ID
A
# BR
Yes
# BA
Yes
SqFt
578
Tenant Utilities
ALL
Rent $
1450

More Information

Unit 3

Unit ID
B
# BR
Yes
# BA
Yes
SqFt
554
Tenant Utilities
ALL
Rent $
1550

Unit 4

Unit ID
C
# BR
Yes
# BA
Yes
SqFt
916
Tenant Utilities
ALL
Rent $
1750

Property Features

Building Type: Fourplex; Residential+ Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Refriger External Amenities: Fence; Laundry Facilities; Patio/Deck/Balcony; Other - See Remarks Flooring: Carpet; Concrete; Vinyl; Wood Heating: Forced - Gas; Gas Stove; Natural Gas; Propane; Wall Unit; Wood Stove Owner Pays: Water Possession: At Recordation Records Available: None Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: 220; Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer Water Heater: Natural Gas; Propane Unit 1 Parking: Off Street Unit 1 Info: Ceiling Fan(s); Fire/Smoke Detectors; Fireplace; Laundry Room; Range/Oven; Refrigerator; Storage Room; W/D Connection Unit 2 Parking: Off Street Unit 2 Info: Ceiling Fan(s); Dishwasher; Range/Oven; Refrigerator; W/D Connection Unit 3: Furniture Unit 3 Parking: Off Street Unit 3 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Microwave; Range/Oven; Refrigerator Unit 4 Parking: Off Street Unit 4 Info: Ceiling Fan(s); Dishwasher; Disposal; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; W/D Connection
Listing Office: Delex Realty, LLC
Last Updated: June - 20 - 2023
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